Tag: euro

By imposing strict environmental and safety guidelines, the EU announced plans to address the grim conditions in Bangladeshi breaking yards where young men earn a £1 a day and one of them dies each week. Unfortunately the measures apply only to European registered vessels. We also learnt recently that P&O, whose ships are registered in Bermuda, pay their mostly Indian and Filipino service staff a basic … Continue reading On Ship-breaking, Investors, Volcanoes, Fire-fighting and the Euro